New Issue: Wachovia prices $8.3 million 0% enhanced growth securities linked to index basket

By Angela McDaniels

Seattle, March 1 - Wachovia Corp. priced an $8,280,330 offering of 0% enhanced growth securities due Aug. 10, 2010 linked to a basket of indexes, according to a 424B5 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Dow Jones Euro Stoxx, FTSE 100, MSCI Taiwan, Nikkei 225 and S&P/ASX 200 indexes.

The payout at maturity will be par of $10 plus 130% of any increase in the basket level. Investors will lose 0.5% for each 1% decline in the basket.

Issuer:	Wachovia Corp.
Issue:	Enhanced growth securities
Underlying indexes:	Dow Jones Euro Stoxx, FTSE 100, MSCI Taiwan, Nikkei 225 and S&P/ASX 200, equally weighted
Amount:	$8,280,330
Maturity:	Aug. 10, 2010
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 130% of any basket increase; 0.5% loss for each 1% basket decline
Pricing date:	Feb. 27
Settlement date:	March 6
Underwriter:	Wachovia Securities
Underwriting discount:	2.75%

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